Israel and Lebanon have reached an agreement to renew a ceasefire and continue dialogue towards a broader peace deal, as announced in a joint statement with the United States. The renewed truce is dependent on Hezbollah, the Iran-backed militant group not part of the Lebanese government, halting all attacks. The two nations have also agreed to establish pilot security zones under the sole control...
UK long-term borrowing costs surged to their highest point in nearly 30 years amid apprehensions about a potential change in Labour leadership, but subsequently eased as support for Prime Minister Keir Starmer solidified among cabinet ministers. The yield on 30-year government bonds—essentially the interest rate—rose 11 basis points to 5.794% on Tuesday morning, marking the highest level since May 1998. This spike was fueled...
Global oil prices experienced a significant drop while stock markets saw a rise following comments from Donald Trump indicating a potential end to the...